In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
A contemporary type of Waqf where Waqf assets are in the form of corporate shares of company that are issued and managed by a corporate body such as Islamic banks, takaful companies, Shariah-compliant investment companies, etc.
And Allah Alone Knows Best
Mufti Faraz Adam,
I Waqf Shariah Advisor